CBS Money Watch - The former CEO of Bumble Bee Foods has been sentenced to more than three years in jail for his role in a canned tuna price-fixing conspiracy involving three major companies, the U.S. Justice Department said.
Christopher Lischewski was also ordered Tuesday to pay a $100,000 fine in addition to serving a 40-month term. Assistant Attorney General Makan Delrahim said in a statement that the sentence will serve as a deterrent to wrongdoing at top corporate levels.
"Executives who cheat American consumers out of the benefits of competition will be brought to justice, particularly when their antitrust crimes affect the most basic necessity, food," Delrahim said.
A federal grand jury in San Francisco indicted Lischewski in May 2018. He pleaded not guilty but late last year a jury convicted him of a single count of participating in a conspiracy to fix prices of canned tuna.
Bumble Bee pleaded guilty and was sentenced to pay a $25 million fine and StarKist was fined $100 million. Three executives who were charged along with Lischewski pleaded guilty and testified at his trial.
The scheme came to light after the failure of an attempt by Thai Union Group's Chicken of to buy San Diego-based Bumble Bee in 2015, according to court records. Chicken of the Sea executives then alerted federal investigators, who agreed to shield the company from criminal prosecution in exchange for cooperation.
Pretty tough fall from grace for everybody's boy Ashley Schaeffer.
He had it all.
Babes, flowing golden locks, and a slew of premier high end foreign car dealerships throughout the Shelby area.
Not sure where it all went wrong for Mr. Schaeffer, but I'm guessing it all began with the debacle during Black Biker Week.
That'd be tough for anybody to recover from.
He clearly saw the writing on the wall years ago. That "Old South" shit was on it's way out. So Ashley did what Ashley does and changed the game.
He relocated out west, planted himself in the middle of the technology hub of the Universe, San Fransisco, and took his talents to Bumble Bee tuna. Not before legally changing his name however.
Christopher Lischewski, the artist formerly known as Ashley Schaeffer, flew up the leadership ladder at Bumble Bee.
The laid back Californian's were no match for his ruffian, take-no-prisoners Southern style. Before long he found himself in the CEO role.
He flew too close to the sun though. Couldn't let well enough be. That was always Ashley's, I mean Christopher's, biggest flaw. He wooed his competition into conspiring with him to defraud the American people out of their hard earned money by fixing tuna prices.
Now he's headed to the clink.
My advice to Mr. Schaeffer, if he's reading this, is to hit up Stevie Janowski immediately for advice on how to survive prison life. Nobody better equipped.
p.s. - If you never watched East Bound and Down this blog went way over your head and you should be ashamed of yourself. For real. One of the GREATEST television shows ever. EV-ER. (My FF team name has been Let The Boy Watch for like 10 years. Strongest team name ever? Possibly.)
p.p.s. - Has there ever been two better seasons of comedy television than East Bound and Down seasons 2 and 3? I argue not and if there was it's highly debatable.
p.p.p.s. - Devlin had a nice run a few years back of method acting Ashley Schaeffer everywhere he went. H/T to Cuh Ruta
p.p.p.s. - You know we can't do an East Bound blog without the hits-